Starknet Addresses Wallet Address Mix-Up and Airdrop Issues for ETH Pool Stakers, Allowing Claiming of STRK Tokens Next Month”

Starknet, the Ethereum layer-2 blockchain, is including eligible Immutable X users and pooled Ether (ETH) stakers in its upcoming airdrop round scheduled for next month, altering its token unlock timeline once again.

The Starknet Foundation, responsible for the Starknet network, faced criticism when some pre-Merge ETH stakers and Immutable X users eligible for February’s Starknet (STRK) airdrop encountered technical difficulties receiving their tokens.

According to information shared with the sources, Starknet has resolved these issues, allowing eligible users to claim their STRK tokens starting in April.

One of the challenges stemmed from an inaccurate list provided by Immutable, which mistakenly classified many Immutable X users as VeVe platform users. With this list corrected, Immutable X users who completed eight or more transactions before June 1, 2022, can now claim their airdrop.

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Additionally, there were complications for pooled ETH stakers, as the staking protocols were unable to distribute STRK tokens to eligible participants. Starknet has identified several causes for this issue and is working with staking protocols to facilitate the airdrop for eligible users starting in April.

This adjustment in the airdrop schedule marks another update by Starknet, which revised its unlock schedule in February to address concerns about potential market manipulation. The initial plan, which allowed for a larger drop in April, was amended to distribute STRK tokens over three years to prevent large holders from flooding the market.

Despite these efforts, the STRK airdrop has faced criticism from some users who claim they were excluded despite meeting transaction thresholds. Following the February airdrop, a significant sell-off occurred, causing STRK’s price to plummet by 60% within a few days. Presently, STRK is trading at $1.88, struggling to regain its previous value, according to sources data.